Loans in Montgomery County, VA: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Montgomery County, VA.
The median household in Montgomery County earns $72,715 a year, 22% below the Virginia median of $93,170. About 24% of residents live below the federal poverty line, and 44.7% of households rent their home.
What you need for a payday loan in Montgomery County
Lenders that serve Montgomery County typically ask for the following:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Montgomery County
What Montgomery County borrowers use it for
pay a doctor, dentist or pharmacy bill now
Moving costsdeposits, trucks and first-week expenses
Holiday expensesgifts and travel without maxing a card
Car repairskeep getting to work while the shop fixes it
Loans for your situation
Which loans are available in Montgomery County
Payday Loans Legal
Payday-style loans are legal in Virginia only as 'short-term loans' from lenders licensed under Chapter 18 of Title 6.2, as rewritten by the Fairness in Lending Act (effective…
Personal Loans
36% simple annual interest on licensed $300-$35,000 installment loans.
Title Loans Legal
Car title loans are legal in Virginia from lenders licensed under Chapter 22 of Title 6.2.
Banks and credit unions in Montgomery County
Banks with branches in Montgomery County
29 FDIC-insured bank branches from 13 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The National Bank of Blacksburg | 7 | 100 S Main St, Blacksburg 24060 |
| Atlantic Union Bank | 4 | 105 Arbor Dr, Christiansburg 24073 |
| Carter Bank & Trust | 3 | 200 College St, Christiansburg 24073 |
| Truist Bank | 2 | 902 Prices Fork Rd, Blacksburg 24060 |
| Wells Fargo Bank, National Association | 2 | 920 University City Blvd, Blacksburg 24060 |
| First Community Bank | 2 | 1900 S Main St, Blacksburg 24060 |
| SKYLINE NATIONAL BANK | 2 | 2681 Market St, Christiansburg 24073 |
| The First Bank and Trust Company | 2 | 150 Peppers Fry Rd Ne, Christiansburg 24073 |
| First-Citizens Bank & Trust Company | 1 | 250 Peppers Fry Rd Nw, Chirstiansburg 24073 |
| Woodforest National Bank | 1 | 2400 N Franklin St, Christiansburg 24073 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Montgomery County
8 credit-union locations from 3 credit unions.
| Credit union | Location |
|---|---|
| Virginia | 105 Oaktree Blvd, Christiansburg 24073 |
| Freedom First | 1204 S Main St, Blacksburg 24060 |
| Poly Scientific Employees | 1213 N Main St, Blacksburg 24060 |
Source: NCUA credit union branch data, June 30, 2026.
Cities in Montgomery County
All Virginia counties and cities
Frequently asked questions
Are payday loans legal in Montgomery County?
Montgomery County follows Virginia law. Payday-style loans are legal in Virginia only as 'short-term loans' from lenders licensed under Chapter 18 of Title 6.2, as rewritten by the Fairness in Lending Act (effective January 1, 2021).
Are title loans legal in Montgomery County?
Car title loans are legal in Virginia from lenders licensed under Chapter 22 of Title 6.2.
Where can I get a small loan in Montgomery County?
Options include 29 bank and 8 credit-union locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Montgomery County?
Fill out our short online form from anywhere in Montgomery County. We share it with lenders in our network that serve Virginia; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I get a loan in Montgomery County on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Montgomery County residents can start any time, and it takes about 3 minutes.
Can I apply for a loan online in Montgomery County?
Yes. You don't need to visit a branch or storefront anywhere in Montgomery County. Our secure online form works on your phone or computer, takes about 3 minutes, and connects you with lenders in our network that serve Virginia. If you're approved and accept an offer, funds go directly to your bank account, often by the next business day.
Can I get a loan in Montgomery County with bad credit?
Yes, many lenders in our network work with Montgomery County residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Can I get an emergency loan in Montgomery County?
Yes. When an unexpected bill comes up, Montgomery County residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.